Key Congress on new laws on accounting

Legislators of State until the end of May congress has one or the other, how to prevent the next Enron.As the Senate Banking Committee gearbox to finalize a bill drafted by its president, legislators in California are the accounting and corporate governance reform in their own hands.

The public interest groups in close collaboration with a handful of bills in the legislature, that California was inspired by the collapse of Enron Corp..

Black hole

Supporters hope that the State known for its avant-garde in regard to consumer protection, other states to follow its lead.

“I am not my breath for the judge to take action at the congress,” said Dan Jacobson, legislative, the prosecutor California Public Interest Research Group in Los Angeles. “The federal government is a black hol

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